£840,680
This estimated value is based upon the latest sale price for the house of £475,000 on 3 Feb 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £475,000 | 3 Feb 2006 |
| £395,000 | 31 Jan 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 76.985%.Applying this 76.985% change to the original purchase price of £475,000 results in an estimated price of approximately £840,680.
| 3 Feb 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.0 | 76.985 % | £475,000 | £365,680 | £840,680 |
The Postcode Pricing Model uses changes in average sales price within the W2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 23.931 % | £113,670 | £588,670 |
| 3 Month Average | 94.256 % | £447,714 | £922,714 |
| 6 Month Average | 131.263 % | £623,500 | £1,098,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £685,000 | £685,000 | FLAT 108 THE COLONNADES, 34 PORCHESTER SQUARE |
| 14 Apr 2023 | £574,268 | £570,000 | FLAT 160 THE COLONNADES, 34 PORCHESTER SQUARE |
| 6 Jan 2023 | £619,558 | £625,000 | FLAT 319 THE COLONNADES, 34 PORCHESTER SQUARE |
| 5 Sep 2022 | £489,052 | £495,000 | FLAT 117 THE COLONNADES, 34 PORCHESTER SQUARE |
| 25 Feb 2021 | £604,889 | £535,000 | FLAT 105 THE COLONNADES, 34 PORCHESTER SQUARE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 May 2018. Using an estimated price of £840,681 means this house is valued at £8,006 per sq meter (£743 per sq foot).
The average size of a house on PORCHESTER SQUARE is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |